Alibaba Group Holding is set to phase out its remaining Costco-style Hema X store, signaling a pullback from China’s competitive retail market. Hema, Alibaba’s supermarket chain, has started closing ...
When reports surfaced this week of an internal memo detailing yet another new restructuring at Alibaba Group Holding Ltd. (NYSE:BABA), investors cheered by bidding up the e-commerce giant's shares by ...
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Alibaba Expands E-Commerce Footprint With RedNote Tie-Up, Pushing For Instant Retail Growth
Alibaba (BABA) is deepening its ties with Chinese content platform RedNote in a move aimed at strengthening its e-commerce ecosystem amid rising competition and sluggish consumer demand in China. The ...
Quarterly revenue reaches nearly $35 billion Net profit falls 53%, but still beats analysts' expectations U.S.-listed shares up 2% at market open Nov 25 (Reuters) - Chinese e-commerce giant Alibaba ...
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